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Markets inferno affecting GDP — Saraki

Senate President Bukola Saraki yesterday said fire disasters ravaging markets in the country are negatively affecting the Gross Domestic Product (GDP). Saraki stated this in…

Senate President Bukola Saraki yesterday said fire disasters ravaging markets in the country are negatively affecting the Gross Domestic Product (GDP).
Saraki stated this in a statement to commiserate with victims of Saturday’s fire disaster that ravaged the popular Abubakar Rimi market in Kano.
The statement signed by his Special Adviser (Media and Publicity), Yusuph Olaniyonu, Saraki lamented the continuous occurrences of fire disasters in markets across the country.
He urged the managements of markets to always employ all modern means of preventing and combating fire disasters to ensure traders are not subjected to this harrowing loss.
“The continuous loss of merchandise and properties in many commodity markets in the country and Kano in particular to fire disasters has reached a worrisome level that requires urgent measures to combat the trend.
“These fire incidents had deprived our hard working and determined traders the means of livelihood and survival and these are expectedly breadwinners of their families. In addition, these losses represent the depletion of national wealth as most of the victims constitute a significant chunk of entrepreneurial class who are supposedly great contributors to the nation’s Gross Domestic Product (GDP),” he said.
He urged the state government to ensure thorough investigation to unravel the cause of the incident and forestall occurrence.

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